Shell drops despite beating Q1 forecasts
Shares in oil and gas giant Shell (SHEL) dropped 2.5% despite the firm posting forecast-beating Q1 earnings. The group also raised its dividend and proposed a further $3 billion share buyback. Weaker Q2 outlook For Q1 to March, Shell posted adjusted earnings of $6.9 billion, well above the $6.36 billion consensus. The beat was down … Continue reading Shell drops despite beating Q1 forecasts
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